2 of the Lafayette area's 10 most common jobs can buy a home in Covington
The typical house costs $224,560. At today's 7.32% mortgage rate, buying it takes $65,670 a year.
ESTIMATEHome price for Covington. Rent, jobs, and tax for the Lafayette area. How the estimate works
THE LAFAYETTE AREA'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $59K
Rent house $77K
Buy $66K
You
Enter your pay above to add your row
Registered nurses
$80,790Can buy
First-line supervisors of production and operating workers
$74,770Can buy
Miscellaneous assemblers and fabricators
$63,140Rent an apt
Office clerks, general
$42,840Rent over 30%
Janitors and cleaners
$38,450Rent over 30%
Laborers and freight, stock, and material movers, hand
$37,310Rent over 30%
Home health and personal care aides
$35,710Rent over 30%
Retail salespersons
$30,670Rent over 30%
Cashiers
$29,540Rent over 30%
Fast food and counter workers
$28,230Rent over 30%
Each line is the yearly pay where that home fits the rule: rent at 30% of pay or less, and the mortgage, tax, insurance, and HOA at 28% of pay or less.